Binance has announced major updates to its Fiat Liquidity Provider Program, effective March 24, 2025.
New Tiers for EUR Markets
Under the revised terms, Tier 1 of the EUR market will now require a Maker Volume Percentage of 0.5% and offer a Maker Fee Rebate Rate of -0.005%. Meanwhile, Tier 2 will require a Maker Volume Percentage of 1.0% with an increased rebate rate of -0.010%. The qualification review for these tiers will begin on March 24, with weekly assessments under a revised performance evaluation system.
Changes in Other Fiat Markets
The updates will also affect several other fiat markets, including BRL, ZAR, PLN, UAH, ARS, RON, MXN, CZK, COP, and JPY. Notably, both the BRL and ARS markets will introduce two tiers, with Tier 1 offering a rebate rate of -0.005% and Tier 2 providing a more competitive rate of -0.015%.
Distribution Process and Precautions
In addition to these changes, Binance will start distributing rebates weekly across eligible fiat markets based on the previous week’s trading performance starting from April 1, 2025. Users must have a 30-day trading volume exceeding 20,000,000 USDT equivalent to qualify. Binance warns against program code tampering or activities such as wash trading and market manipulation, indicating violators could face disqualification. The platform reserves the right to modify or terminate the program due to regulatory changes, legal obligations, or technical issues.
These changes aim to enhance liquidity provisions and offer users increased opportunities for market positioning management.
